Petr Kozyakov, CEO of the Crypto Payments platform Mercuryo, told CoinTelegraph that the long run of funds will not be a scenario for winning takes, but a combination of digital assets and Fiat, each of which is most useful.
In a cointelegraph interview, Kozyakov said that there will likely be a rise in adoption and demand during Krypto payments, however the wealth class won’t completely replace Fiat money. He said that the 2 asset classes will coexist, where people will select the more convenient payment option in several situations.
“We don't imagine that Crypto Fiat will replace,” said Kozyakov to CoinTelegraph. “You will coexist and other people will contact crypto whether it is the simpler and more practical option, be it for wage and salary statements, return or money transfers.”
Mercuryo Petr Kozyakov on the TOKEN2049 event in Dubai. Source: cointelegraph
Crypto salary statement gains dynamics if the payment options are expanded
Crypto as a salary payment option is not any longer a novelty. Kozyakov told CoinTelegraph that more firms complete the salaries of employees with crypto assets.
“This is a growing trend,” said Kozyakov. “I see loads of firms that start with their full-time employees and their gig employees all over the world.”
Since increasingly more employees receive crypto containers, recent challenges can arise. According to Kozyakov, the employees paid in crypto can ask what they will do next. “You won't invest every part and just wait. You must use it for on a regular basis purchases,” Kozyakov told CoinTelegraph.
Practical expenditure options are required here. Kozyakov said that Krypto earner is on the lookout for ways to make use of their digital asset income within the day by day life scenarios, whether coffee, drinks exit or utility bills.
Since Crypto becomes an option for worker salaries, there was also an increasing acceptance of crypto for workers in some jurisdiction. In August 2024, a court in Dubai Crypto recognized as a legitimate type of salary payment.
Crypto, a strong tool for moving and saving money
The executive also announced CoinTelegraph that Mercuryo Crypto sees greater than only a speculative asset, but as a strong tool for moving and saving value. “Crypto is just not only a capital; it’s the proper railway to maneuver money and store money. And it can be crucial to have the ability to spend it.”
The executive said that in practice the spending crypto can still be complex. He said it takes just a few steps, including moving to an exchange, sending banks to a checking account and answering “strange”.
For this reason, he has emphasized the necessity for easier possibilities to issue crypto directly. The managing director said that your organization comes into play here. On April 23, the payment service company worked with the hardware letter bags -company book on a crypto payment card with which users can output crypto through which Mastercard payments are accepted.
Kozyakov announced CoinTelegraph that seamless crypto payment options won’t only advance a wider crypto adoption as an investment, but as an actual medium of exchange for on a regular basis life.
